China UnionPay is the world’s largest issuer of bank cards and mainland China’s dominant bank card clearing service. Photo: Bloomberg

UnionPay charts new course into Europe as President Xi witnesses its partnership with Portuguese bank BCP

  • Millennium BCP, Portugal’s biggest listed lender, is 27 per cent owned by mainland China conglomerate Fosun International
  • Companies including Huawei also expected at signing ceremony where a clutch of deals will be signed
Topic |   Banking & Finance

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China UnionPay is the world’s largest issuer of bank cards and mainland China’s dominant bank card clearing service. Photo: Bloomberg
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